Eating local means more for the local economy. According to a study by the New Economics Foundation in London, a dollar spent locally generates twice as much income for the local economy.
Locally owned businesses know that to compete with the national chains they have to go the extra mile. Here’s a great example of one that does that with each and every customer. What’s your favorite locally owned business?
What Can Small Businesses Learn from Intel’s Social Media Strategy? Last month at the World Chamber Congress in Mexico City, Ekaterina Walter, Intel’s Social Media Strategist, spoke to thousands of attendees on how small-to-medium businesses (SMB) can utilize social media for engaging and growing their customer bases.
When you choose to purchase Fair Trade products, you are endorsing an economic system that provides opportunities for producers to lift themselves out of poverty. Fair Trade provides assurances to consumers that producers are paid fair prices for their products and labor.
Did you know that during the 1990-91 and 2001 recessions, businesses with fewer than 20 employees were the only ones with positive net job growth? You can read a summary of the report by clicking here. Source: U.S. Small Business Administration (SBA) Office of Advocacy’s 2009 edition of The Small Business Economy: A Report to the President.
Coastal Office Products has been serving the Hampton Roads area of Virginia since 1992. When John Willcox took over in 2006, he knew he’d have to compete with mega-giant national office supply stores.
Locally owned businesses know that to compete with the national chains they have to go the extra mile. Here’s a great example of one that does that.
Business ownership certainly can have its ups and downs, but it was a chance Linda Fontenot wanted to take. She opened up her own consignment shop, Posh Couture, in Regency two years ago.
“Thinking Outside the Box” is a groundbreaking 2009 study conducted by The Urban Conservancy and Civic Economics which shows that compared to leading chain competitors, local New Orleans retailers generate twice the annual sales, recirculate revenues within the local economy at twice the rate, and on a per square foot basis, have four times the economic impact
Many small business owners have considered offering a group deal, but only 10 percent have run one, according to recent research from MerchantCircle.